The latest Official version of Blessing 3 (v 3.9.5) can be dowloaded here.
And the latest beta version of Blessing 3 (v 3.9.6.06) can be downloaded here.
Blessing 3 is a
Grid Trader. Its basic design is to use MA to determine market
conditions and bracket the current price with a STOP and LIMIT to profit
in that direction. You may now select/change the capability of B3 to
place just a BUY trade or a SELL trade instead of STOP and LIMIT trades
to start its trading routine. If the direction is long, BUYS are used to
take profits. If the trend reverses, BUY LIMITS are hit and profits
taken on the reversal. If the direction is short, SELLS are used to take
profits. If the trend reverses, SELL LIMITS are hit and profits taken
on the reversal.
You now have the capability to reverse the grid. Instead of place a BUY STOP/LIMIT if the market is long, you can force B3 to place a SELL STOP/LIMIT. This reverse feature is user selectable via the menu set item. Once the direction is determined and trading is started, B3 uses LIMIT trading to add to the basket of trades. B3 starts placing trades by bracketing the current price with STOP/LIMIT trades in a proprietary fashion. This proprietary fashion using the MathMod function sets the STOP/LIMIT trades around the current price at distance of approximately ½ the pips defined by the first grid value, 25 in this case. A user has the ability to adjust the MathMod feature of B3 using the Entry Offset parameter.
Once either the STOP or LIMIT is hit creating the first trade, subsequent trades are placed a fixed distance of 25 pips either side of the current price. Each LIMIT trade added is placed 25 pips above/below the last trade. The 25 pip amount is used until 4 open trades are out. If the user selectable feature of B3Traditional is set to false, then the grid is started using a BUY or SELL. The Entry Offset has no effect if this feature is used. The fifth trade (LIMIT trade) is placed 50 pips above/below the fourth outstanding trade. This 50 pip amount is used until 8 total trades are open. The ninth trade (LIMIT trade) is placed 100 pips above/below the 8th trade. This 100 pip amount is used for all remaining trades placed.
For this strategy, each LIMIT trade added is called a “level”. The number of trades at the 25 pip difference is user selectable and the number of trades at the 50 pip difference is user selectable. Remaining trades (9th level and beyond) placed at the 100 pip range is user selectable also. 25/50/100 remains B3's set grid but the grid can be squished or auto calculated (discussed later) without changing individual numbers listed in the menu. The Take Profit values are just double the grid values. 50/100/200 pips are the Take Profits that are coded into B3 and can be modified via the menu. All these values are placed in an array defined by the user. The array is a uniquely new feature to B3and can be manipulated in any way by the user.
You now have the capability to reverse the grid. Instead of place a BUY STOP/LIMIT if the market is long, you can force B3 to place a SELL STOP/LIMIT. This reverse feature is user selectable via the menu set item. Once the direction is determined and trading is started, B3 uses LIMIT trading to add to the basket of trades. B3 starts placing trades by bracketing the current price with STOP/LIMIT trades in a proprietary fashion. This proprietary fashion using the MathMod function sets the STOP/LIMIT trades around the current price at distance of approximately ½ the pips defined by the first grid value, 25 in this case. A user has the ability to adjust the MathMod feature of B3 using the Entry Offset parameter.
Once either the STOP or LIMIT is hit creating the first trade, subsequent trades are placed a fixed distance of 25 pips either side of the current price. Each LIMIT trade added is placed 25 pips above/below the last trade. The 25 pip amount is used until 4 open trades are out. If the user selectable feature of B3Traditional is set to false, then the grid is started using a BUY or SELL. The Entry Offset has no effect if this feature is used. The fifth trade (LIMIT trade) is placed 50 pips above/below the fourth outstanding trade. This 50 pip amount is used until 8 total trades are open. The ninth trade (LIMIT trade) is placed 100 pips above/below the 8th trade. This 100 pip amount is used for all remaining trades placed.
For this strategy, each LIMIT trade added is called a “level”. The number of trades at the 25 pip difference is user selectable and the number of trades at the 50 pip difference is user selectable. Remaining trades (9th level and beyond) placed at the 100 pip range is user selectable also. 25/50/100 remains B3's set grid but the grid can be squished or auto calculated (discussed later) without changing individual numbers listed in the menu. The Take Profit values are just double the grid values. 50/100/200 pips are the Take Profits that are coded into B3 and can be modified via the menu. All these values are placed in an array defined by the user. The array is a uniquely new feature to B3and can be manipulated in any way by the user.
Major Features: